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BEPS Action 5 minimum standard: Transparency on tax rulings continues to increase

As part of continuing efforts to address BEPS concerns, the Inclusive Framework on BEPS has now assessed 112 jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package.




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Uruguay deposits its instrument of ratification for the Multilateral BEPS Convention

Today, Uruguay deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Uruguay, the MLI enters into force on 1 June 2020.




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OECD releases consultation document on the review of Country-by-Country Reporting and invites public input (BEPS Action 13)

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework), the OECD invites public comments on the Review of the BEPS Action 13 minimum standard.




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BEPS Action 14: OECD releases stage 1 peer review reports on dispute resolution for Brunei Darussalam, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino and Serbia

The work on BEPS Action 14 continues with today's publication of the eighth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.




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Portugal deposits its instrument of ratification for the Multilateral BEPS Convention

On 28 February, Portugal deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Portugal, the MLI enters into force on 1 June 2020.




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Public comments received on the 2020 Review of Country-by-Country Reporting (BEPS Action 13 Minimum Standard)

On 6 Feburary 2020, interested parties were invited to provide comments on the Review of the BEPS Action 13 minimum standard. The OECD is grateful to the commentators for their input and now publishes the public comments received.




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San Marino deposits its instrument of ratification for the Multilateral BEPS Convention

Today, San Marino deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For San Marino, the MLI enters into force on 1 July 2020.




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OECD releases second peer review report on preventing treaty shopping (BEPS Action 6)

Progress continues with the implementation of the BEPS package, as the OECD releases the second peer review assessing countries’ efforts to implement the Action 6 minimum standard as agreed under the OECD/G20 BEPS Project.




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OECD releases BEPS Action 14 reports for Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden

The work on BEPS Action 14 continues with today's publication of the stage 2 peer review monitoring reports of the seven jurisdictions in batch 2: Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden.




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Indonesia deposits its instrument of ratification for the Multilateral BEPS Convention

Today, Indonesia deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Indonesia, the MLI enters into force on 1 August 2020.




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The Czech Republic must take significant steps to enforce its foreign bribery laws, but demonstrates commitment to improve

The Czech Republic must strengthen its efforts to detect, investigate and prosecute foreign bribery. Seventeen years after ratifying the OECD Anti-Bribery Convention, the Czech Republic has yet to prosecute a case involving the bribery of foreign public officials.




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Australia takes major steps to combat foreign bribery, but OECD wants to see more enforcement

Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations.




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Divided We Stand: Why Inequality Keeps Rising- Country Note: Australia

This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".




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Australia takes major steps to combat foreign bribery, but OECD wants to see more enforcement

Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations.




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Divided We Stand: Why Inequality Keeps Rising- Country Note: Japan

This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".




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OECD presents outputs of OECD/G20 BEPS Project for discussion at G20 Finance Ministers meeting

The OECD presented today the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules to be discussed by G20 Finance Ministers at their meeting on 8 October, in Lima, Peru.




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Dubai steps up efforts to revive property market

Emirate seeks to get grip on sector after prices fall 40% from their 2014 peak




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UK steps up plans to train 50,000 form fillers for post-Brexit trade

Gove unveils ‘customs agent academy’ and is talking to freight businesses




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Taiwan keeps its borders shut despite virus success

Taipei says foreign visitors will be allowed to enter once a vaccine is discovered




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PepsiCo’s food and drink combo serves it well in lockdown snacking surge

Sales rise but company warns revenues will decline as bar and restaurant closures hit beverages




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Election: Brexit party MEPs defect and back Conservative party — as it happened

Live coverage of the UK election campaign.

Read more




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China steps up bid for tech self-reliance

Beijing has ordered government offices and public institutions to remove all foreign computer equipment and software within three years as part of its bid for self-reliance in office technology. Malcolm Moore discusses the ramifications for Chinese and US companies and for the global supply chain with the FT’s Yuan Yang in Beijing.


Contributors: Malcolm Moore, technology news editor, and Yuan Yang, Beijing technology correspondent.  Producer: Fiona Symon

 

See acast.com/privacy for privacy and opt-out information.




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Jeffrey Epstein found the weakness of universities

The need to raise donations led MIT’s Media Lab to a terrible misjudgment




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Total keeps dividend and sets climate goal despite profit plunge

French energy group makes emissions pledge as first-quarter profits drop 35%




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Musk steps in to provide insurance for Tesla board

Chief executive criticised over move to offer liability cover following premium increase




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Can I force my stepson to repay money I lent him to buy his flat?

I am in the process of getting divorced from his mother




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We must focus attention on our next steps

The lockdowns are necessary to get the disease under control — but they must be brief




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Jeff Weiner will step down as CEO of LinkedIn June 1, product head Ryan Roslansky steps up

There is a major change ahead for LinkedIn, the social network for the working world, now with 675 million members. Jeff Weiner, who has been leading the company as CEO for the past 11 years, is stepping down on June 1, 2020. His new role will be executive chairman. Ryan Roslansky, who is currently head […]




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Facebook Messenger preps Auto Status location type sharing

Facebook Messenger could soon automatically tell your closest friends you’re at the gym, driving or in Tokyo. Messenger has been spotted prototyping a ported version of the Instagram close friends-only Threads app’s Auto Status option that launched in October. The unreleased Messenger feature would use your location, accelerometer and battery life to determine what you’re […]




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Original Content podcast: ‘Ozark’ keeps building tension in season three

The Netflix crime drama “Ozark” might not be exactly what you think of when you hear the phrase “high octane.” While there are a few big explosions, there are far more scenes of people talking urgently to each other while filmed in muted tones. A more apt description might be “high pulse rate.” Once you […]




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Michelle Dockery nails her off-duty look as she steps out in New York

Michelle Dockery, 37, looked undeniably chic as she enjoyed some much needed downtime in New York on Monday.




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Downton's Michelle Dockery steps for coffee with a friend in West London 

Michelle Dockery put on a slightly sombre display on Sunday as she headed out for coffee and a walk while dressed mostly in black.




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Cody Simpson flaunts his bulging biceps with a face mask on

Cody Simpson flaunted his bulging biceps while holding his guitar all while wearing a face mask on Monday.




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Liam Hemsworth flaunts his buff physique and bulging biceps after a gym session in Los Angeles

He's just finalised his divorce from American singer Miley Cyrus, 27.




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Miley Cyrus looks carefree as she steps out after finalizing her divorce from Liam Hemsworth

The former Disney Channel talent was taking care of business, seen leaving an office building solo. The pop star, 27, was low-key in her simple jeans and tee shirt combo as she made a phone call.




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Cody Simpson cuts a stylish figure as he steps out at a New York Fashion Week event

His romance with Miley Cyrus is going from strength to strength. 




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Reese Witherspoon beams as she steps out in a sporty outfit for a bike ride with her son Tennessee

Reese Witherspoon took a break from her self-isolation at her Pacific Palisades home for a bike ride around the neighborhood with her youngest son Tennessee.




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Gigi Hadid steps out with friends to watch Serena Williams play at the US Open

She may be one of the world's most sought-after supermodels, but Gigi Hadid always makes time for her friends. The 24-year-old Vogue model sported a Canadian tuxedo.




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US Open 2019: Serena Williams sweeps into the fourth-round

The 23-time grand slam champion had to deal with the hype of a meeting with Maria Sharapova, and then dropped a set in a dramatic second-round encounter with 17-year-old Caty McNally.




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Serena Williams keeps it casual as she arrives in Melbourne

Tennis champion Serena Williams is ready to compete in the Australian Open.




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Lucy Mecklenburgh steps out for dinner date with dapper beau Louis Smith

The happy couple were hand in hand as they made their way to Canary Wharf restaurant Roka for a romantic dinner date before taking in a John Legend concert at the O2.




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Jannik Sinner is following in Novak Djokovic's footsteps as former skier aims at tennis stardom

The last great tennis player to emerge, incongruously, from an upbringing that took place largely in a mountainous ski area was one of the greatest ever: Novak Djokovic.




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Iggy Azalea steps out looking noticeably slimmer in a flirty mini dress in New York

The singer, 29, looked noticeably slimmer in her cute outfit choice, that boasted a sweetheart neckline and thigh-skimming hem. 




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Iggy Azalea steps out in Berlin with candy-colored green hair and a thick coat

Iggy Azalea was seen out in Berlin as she checked out of her hotel on her way home. It was reported this week that she had a $35K diamond ring stolen from her home, among $366K in stolen jewelry.




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Iggy Azalea commands attention as she steps out with Lola collaborator Alice Chater

Iggy, 29, wowed in a tartan coord featuring an oversized coat and kirt as she arrived at Capital FM's London headquarters with Alice Chater, who worked with her on new single Lola.




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Laura Prepon steps out with fiancé Ben Foster and their baby in NYC

Laura Prepon and Ben Foster were every inch the happy new parents as they stepped out with their baby girl Ella in New York City on Sunday.




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EastEnders' Jessie Wallace appears in good spirits as she steps out with male pal

The soap star, 48, cut a casual figure as she was seen hugging her companion in the street outside a restaurant and bar in London.




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EastEnders SPOILER: Ben Mitchell faces DANGER as he steps out in front of a speeding motorbike

EastEnders' Ben Mitchell faces serious danger in Friday's episode as he steps out in front of a speeding motorbike after failing to hear it coming.




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EastEnders star Lacey Turner steps out for supplies with husband Matt Kay and baby daughter Dusty

The EastEnders star, 32, cut a casual figure in a pair of black skinny jeans with a loose-fitting grey jumper and white trainers.




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Michelle Keegan steps out in a chic ensemble for Capital radio appearance to promote Brassic

The actress, 32, flashed a wide smile as she arrived at Global radio studios in London for an appearance on Capital breakfast show, on Thursday, to promote her new drama Brassic